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    5625 Saginaw Hwy Lansing, MI 48917

    For Lease
    $6 SF/Yr

    Prime Retail Space, High Incentives Available

    Lot size:
    113,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Lansing Towne Center offers exceptional retail opportunities with two available spaces ranging from 26,000 to 78,000 square feet. This multi-tenant property is anchored by Aldi's, with a Chick-fil-A conveniently located in the parking lot, ensuring high foot traffic and visibility. The property is currently under new management, offering a fresh approach to tenant relations and a commitment to fostering a thriving retail environment. Attractive lease terms are available, including flexible options to suit various business needs. Significant incentives are being offered to prospective tenants, including substantial tenant improvement allowances and free rent concessions. This presents a unique chance to establish or expand your business in a high-traffic location with strong anchor tenants. The property's size and layout provide ample space for a variety of retail concepts, making it an ideal location for businesses seeking significant visibility and accessibility. Contact us today to learn more about this exceptional retail opportunity and to discuss customized lease options. Don't miss this chance to secure your space in a revitalized shopping center with a proven track record of success.

    Property Features for 5625 Saginaw Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,000 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    35,000 SF
    Rate per SF
    $8
    Space
    Available Space 1
    Size
    78,000 SF
    Rate per SF
    $8

    HighLights

    • Retail property with two available spaces totaling 26,000 to 78,000 square feet.
    • Free rent concessions and a high tenant improvement allowance are available.
    • Flexible lease terms are offered.
    • The property is under new management.
    • High financial incentives are available to tenants.
    • Aldi's is an anchor tenant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burlington Thrift Store ALDI Supermarket Baby Depot Baby Store Big Lots Discount Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Eaton
    State
    Michigan
    Longitude
    -84.63095164975
    Latitude
    42.739166709591

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, High Incentives Available
    Where is this retail property located?
    The property is located at 5625 Saginaw Hwy Lansing, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Retail property with two available spaces totaling 26,000 to 78,000 square feet.; Free rent concessions and a high tenant improvement allowance are available.; Flexible lease terms are offered.
    Request Owner's contact information
    5625 Saginaw Hwy Lansing, MI 48917
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    Lansing, MI 48917
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5625 Saginaw Hwy Lansing, MI 48917
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